Natural Resource Partners (NRP) Net Margin (2009 - 2026)
Natural Resource Partners (NRP) posted Net Margin of 46.58% for Q2 2026, up 14.3% on a QoQ basis from 40.75% in Q1 2026, and down 2034.0% year-over-year from 2.41% in Q2 2025.
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Natural Resource Partners (NRP) Net Margin (2009 - 2026) Analysis & Trends
Natural Resource Partners has reported Net Margin for 18 years, with the latest figure at 46.58% in Q2 2026.
- On a quarterly basis, Net Margin fell 2034.0% year-over-year to 46.58% in Q2 2026; TTM through Jun 2026 was 53.36%, a 700.0% decrease from a year earlier, with the FY2025 full-year figure at 65.79%, up 799.0% from the prior year.
- Net Margin was 46.58% for Q2 2026 at Natural Resource Partners, up from 40.75% in the prior quarter.
- The five-year high for Net Margin was 70.75% in Q1 2024, with the low at 40.75% in Q1 2026.
- Average Net Margin over 5 years is 57.53%, with a median of 59.73% recorded in 2022.
- The sharpest annual moves came in 2022 and 2026: Net Margin jumped 6110 bps in 2022, then slumped 2441 bps in 2026.
- Over 5 years, Net Margin stood at 57.41% in 2022, then gained by 17 bps to 67.44% in 2023, then slipped by 4 bps to 65.08% in 2024, then grew by 2 bps to 66.36% in 2025, then declined by 30 bps to 46.58% in 2026.
- The last three Net Margin figures came in at 46.58% (Q2 2026), 40.75% (Q1 2026), and 66.36% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Viper Energy | 15.06 Bn | 20.23 Bn | - | 48.89% |
| 2 | Black Stone Minerals | 3.15 Bn | 3.14 Bn | - | 66.45% |
| 3 | Kimbell Royalty Partners | 1.47 Bn | 1.43 Bn | - | 34.15% |
| 4 | Dorchester Minerals | 1.46 Bn | 1.39 Bn | - | 53.20% |
| 5 | Natural Resource Partners | 1.44 Bn | 1.41 Bn | 47.24 Mn | 46.58% |
| 6 | Evolution Petroleum | 138.41 Mn | 130.18 Mn | 11.43 Mn | 19.06% |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - | - |
| 8 | Mentor Capital | 827,678.86 | 91,860.86 | 65,595.00 | -308.45% |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 | -148.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.58% |
| Mar 31, 2026 | 40.75% |
| Dec 31, 2025 | 66.36% |
| Sep 30, 2025 | 60.11% |
| Jun 30, 2025 | 66.92% |
| Mar 31, 2025 | 65.16% |
| Dec 31, 2024 | 65.08% |
| Sep 30, 2024 | 44.96% |
| Jun 30, 2024 | 47.23% |
| Mar 31, 2024 | 70.75% |
| Dec 31, 2023 | 67.44% |
| Sep 30, 2023 | 50.75% |
| Jun 30, 2023 | 41.36% |
| Mar 31, 2023 | 56.83% |
| Dec 31, 2022 | 57.41% |
| Sep 30, 2022 | 65.57% |
| Jun 30, 2022 | 59.36% |
| Mar 31, 2022 | 62.86% |
| Dec 31, 2021 | 56.68% |
| Sep 30, 2021 | 37.92% |